Glasgow University has launched the Innovation Network to promote partnerships with small businesses.

The scheme aims to increase levels of innovation and product development and also reduce time to market for SMEs.

Up to £5,000 is being made available for feasibility studies between the university and companies.

Laura Tyler, spokeswoman for the network, said: "Through the use of low-cost knowledge transfer mechanisms such as short-term student projects, academic consultancy and feasibility studies, the Innovation Network give companies the opportunity, at no cost to them, to start building a partnership with the university which could assist their long-term growth."